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Two-Building Flex Property
For Sale
$134,000

401 Main St N, Hazleton, IA 50641

Commercial Sale, Hazleton, IA

Property SizeContact for details
Lot Size1.96 Acres
Days on Market47

Property Features for 401 Main St N

General Information

Property type Commercial Sale
Property subtype Office
Zoning commercial
Directions Just north of Hazelton, IA on 150 north on east side of road.
Standard status Active
APN 0209200030
Lot size 1.96 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description per abstract
Tax Annual Amount 1453
Legal Description per abstract

Building Details

Year built 1974
Listing Agency: Ohl Iowa Realty, Inc
Listed By: Keith Donnelly
Added: Aug 11 Changed: Sep 10 Last Checked: Sep 26 at 6:06PM
MLS# 20263744

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex-space property consists of two buildings totaling over 5,200 square feet on 1.96 acres. The improvements include an office area with a bathroom, providing a combination of general-purpose building space and dedicated administrative space. Constructed in 1974, the property is being offered in its current as-is condition.

Located at 401 Main St N in Hazleton, Iowa, the property sits on a road described as highly traveled between Hazleton and Oelwein. Commercial zoning supports the property's stated commercial classification. The two-building layout provides separate structures for business operations, storage, or workspace, subject to applicable requirements.

Key Highlights

  • Two buildings with over 5,200sq ft of total space
  • 1.96‑acre commercial property
  • Office area with a bathroom

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Garden Center Auto Repair Shop Kitchen & Bath Showroom Auto Parts Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50641, IA

1,906
Population
689
Households
2.8
Avg Household Size
29
Median Age
13%
College-Educated
83%
High-School Grad
45.0 sq mi
ZIP Area
42
Density / Sq Mi
$64,511
Median Household Income
$40,202
Median Earnings
$810
Median Rent
$159,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Commercially zoned acreage with office space and a bathroom across two existing buildings.
Where is this flex space located?
The property is located at 401 Main St N Hazleton, IA.
What is the asking price?
The asking price for this property is $134,000.
What are key features of this property?
This property features: Two buildings with over 5,200sq ft of total space; 1.96‑acre commercial property; Office area with a bathroom
More about this property
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